Chief Compliance Officer

0000897069-24-001019.txt : 20240506 0000897069-24-001019.hdr.sgml : 20240506 20240506162855 ACCESSION NUMBER: 0000897069-24-001019 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240506 DATE AS OF CHANGE: 20240506 EFFECTIVENESS DATE: 20240506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LEUTHOLD GROUP, LLC CENTRAL INDEX KEY: 0001170152 ORGANIZATION NAME: IRS NUMBER: 411971243 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10174 FILM NUMBER: 24917962 BUSINESS ADDRESS: STREET 1: 150 SOUTH FIFTH STREET STREET 2: SUITE 1700 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: 6123329141 MAIL ADDRESS: STREET 1: 150 SOUTH FIFTH STREET STREET 2: SUITE 1700 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 FORMER COMPANY: FORMER CONFORMED NAME: LEUTHOLD WEEDEN CAPITAL MANAGEMENT DATE OF NAME CHANGE: 20100217 FORMER COMPANY: FORMER CONFORMED NAME: LEUTHOLD WEEDEN CAPITAL MANAGEMENT LLC DATE OF NAME CHANGE: 20020328 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE 0001170152 XXXXXXXX 03-31-2024 03-31-2024 false LEUTHOLD GROUP, LLC

150 SOUTH FIFTH STREET SUITE 1700 MINNEAPOLIS MN 55402

13F HOLDINGS REPORT 028-10174 N Glenn Larson Chief Compliance Officer 612-332-9141 /s/ Glenn Larson MINNEAPOLIS MN 05-06-2024 0 178 888032808 INFORMATION TABLE 2 informationtable.xml A10 Networks, Inc. COM 002121101 193508 14135 SH SOLE 14135 0 0 Aberdeen Standard Bloomberg Al BBRG ALL COMD K1 003261104 799242 40427 SH SOLE 40427 0 0 Adobe Inc. COM 00724F101 4989989 9889 SH SOLE 9889 0 0 AerCap Holdings NV SHS N00985106 5988881 68909 SH SOLE 68909 0 0 AGCO Corp. COM 001084102 1766813 14362 SH SOLE 14362 0 0 Akamai Technologies Inc. COM 00971T101 6196057 56970 SH SOLE 56970 0 0 Allison Transmission Holdings COM 01973R101 3539469 43611 SH SOLE 43611 0 0 Alphabet Inc. CAP STK CL A 02079K305 14661189 97139 SH SOLE 97139 0 0 Amdocs Ltd. SHS G02602103 315301 3489 SH SOLE 3489 0 0 Amkor Technology Inc. COM 031652100 387041 12005 SH SOLE 12005 0 0 Andersons Inc. COM 034164103 284383 4957 SH SOLE 4957 0 0 APA Corp. COM 03743Q108 412594 12001 SH SOLE 12001 0 0 Apple Inc. COM 037833100 16194400 94439 SH SOLE 94439 0 0 Applied Materials Inc. COM 038222105 19105353 92641 SH SOLE 92641 0 0 ArcelorMittal SA ADR NY REGISTRY SH 03938L203 273401 9913 SH SOLE 9913 0 0 Assurant Inc. COM 04621X108 3730164 19816 SH SOLE 19816 0 0 Axis Capital Holdings Ltd SHS G0692U109 329586 5069 SH SOLE 5069 0 0 Baidu Inc. SPON ADR REP A 056752108 363637 3454 SH SOLE 3454 0 0 Baker Hughes Company CL A 05722G100 4555565 135987 SH SOLE 135987 0 0 Banco Santander S.A. ADR 05964H105 366717 75768 SH SOLE 75768 0 0 Barclays PLC ADR 06738E204 252211 26689 SH SOLE 26689 0 0 Boise Cascade Co. Del COM 09739D100 3850814 25108 SH SOLE 25108 0 0 Canadian Natural Resources Ltd COM 136385101 1014216 13289 SH SOLE 13289 0 0 Cardinal Health Inc. COM 14149Y108 7977351 71290 SH SOLE 71290 0 0 CarGurus, Inc. COM CL A 141788109 3791767 164288 SH SOLE 164288 0 0 Caterpillar Inc. COM 149123101 5077254 13856 SH SOLE 13856 0 0 Cemex S.A.B. de C.V. SPON ADR NEW 151290889 5143791 570898 SH SOLE 570898 0 0 Cencora Inc. COM 03073E105 8602332 35402 SH SOLE 35402 0 0 Centene Corp. COM 15135B101 6056537 77173 SH SOLE 77173 0 0 Charter Communications Inc. CL A 16119P108 3496570 12031 SH SOLE 12031 0 0 Check Point Software Tech LT ORD M22465104 6568108 40047 SH SOLE 40047 0 0 Chord Energy Corp. COM 674215207 508697 2854 SH SOLE 2854 0 0 Chubb Limited COM H1467J104 3032598 11703 SH SOLE 11703 0 0 Cisco Systems Inc. COM 17275R102 5320905 106610 SH SOLE 106610 0 0 Citigroup Inc. COM NEW 172967424 258778 4092 SH SOLE 4092 0 0 Cognizant Technology Solutions CL A 192446102 520139 7097 SH SOLE 7097 0 0 Comcast Corp. CL A 20030N101 6027557 139044 SH SOLE 139044 0 0 Comerica Inc. COM 200340107 265162 4822 SH SOLE 4822 0 0 Commercial Metals Co. COM 201723103 284741 4845 SH SOLE 4845 0 0 Communication Services Select COMMUNICATION 81369Y852 9152534 112081 SH SOLE 112081 0 0 Consumer Discretionary Select SBI CONS DISCR 81369Y407 520593 2831 SH SOLE 2831 0 0 CRH PLC ADR 12626K203 8928600 103508 SH SOLE 103508 0 0 Cummins Inc. COM 231021106 2190133 7433 SH SOLE 7433 0 0 D.R. Horton Inc. COM 23331A109 12468941 75776 SH SOLE 75776 0 0 Deere & Co. COM 244199105 3887654 9465 SH SOLE 9465 0 0 Diodes Inc. COM 254543101 257043 3646 SH SOLE 3646 0 0 Direxion Daily S&P500 Bear 1X DLY S&P500 BR 1X 25460E869 21157508 1738497 SH SOLE 1738497 0 0 Dolby Laboratories Inc. COM CL A 25659T107 3812205 45508 SH SOLE 45508 0 0 Dropbox, Inc. CL A 26210C104 407730 16779 SH SOLE 16779 0 0 Eagle Materials Inc. COM 26969P108 6087472 22401 SH SOLE 22401 0 0 Elevance Health Inc. COM 036752103 7839288 15118 SH SOLE 15118 0 0 ENI S.p.A. SPONSORED ADR 26874R108 342164 10787 SH SOLE 10787 0 0 EOG Resources Inc. COM 26875P101 808332 6323 SH SOLE 6323 0 0 Everest Group Ltd. COM G3223R108 7451933 18747 SH SOLE 18747 0 0 Exxon Mobil Corp. COM 30231G102 9194468 79099 SH SOLE 79099 0 0 Fidelity Covington Trust MSCI ENERGY IDX 316092402 1962653 75866 SH SOLE 75866 0 0 Financial Select Sector SPDR TR FINANCIAL 81369Y605 4707879 111773 SH SOLE 111773 0 0 Flex Ltd. COM Y2573F102 6697057 234081 SH SOLE 234081 0 0 Fortinet Inc. COM 34959E109 4951860 72491 SH SOLE 72491 0 0 General Motors Co. COM 37045V100 420712 9277 SH SOLE 9277 0 0 Gerdau S.A. SPON ADR REP PFD 373737105 182453 41279 SH SOLE 41279 0 0 GMS Inc. COM 36251C103 3554662 36518 SH SOLE 36518 0 0 GoDaddy, Inc. CL A 380237107 7595401 63999 SH SOLE 63999 0 0 Halliburton Co. COM 406216101 4627829 117398 SH SOLE 117398 0 0 Hartford Financial Services Gr COM 416515104 3112110 30200 SH SOLE 30200 0 0 HCA Healthcare Inc COM 40412C101 6094260 18272 SH SOLE 18272 0 0 Health Care Select Sector SPDR SBI HEALTHCARE 81369Y209 3984574 26972 SH SOLE 26972 0 0 Humana Inc. COM 444859102 6337001 18277 SH SOLE 18277 0 0 IAC Inc. COM NEW 44891N208 3376049 63293 SH SOLE 63293 0 0 Industrial Select Sector SPDR INDL 81369Y704 3978699 31587 SH SOLE 31587 0 0 Intel Corp. COM 458140100 317980 7199 SH SOLE 7199 0 0 InterDigital Inc. COM 45867G101 359303 3375 SH SOLE 3375 0 0 Invesco CurrencyShares Euro EURO SHS 46138K103 4577886 45912 SH SOLE 45912 0 0 Invesco CurrencyShares Japan JAPANESE YEN 46138W107 4370169 71373 SH SOLE 71373 0 0 Invesco NASDAQ 100 ETF NASDAQ 100 ETF 46138G649 208449 1141 SH SOLE 1141 0 0 Invesco S&P 500 Equal Weight C S&P500 EQL DIS 46137V381 1481978 29047 SH SOLE 29047 0 0 iShares 0-5 Year High Yield Co 0-5YR HI YL CP 46434V407 5463080 128392 SH SOLE 128392 0 0 iShares 0-5 Year TIPS Bond ETF 0-5 YR TIPS ETF 46429B747 5458409 54897 SH SOLE 54897 0 0 iShares 1-3 Year Treasury Bond 1 3 YR TREAS BD 464287457 11713513 143232 SH SOLE 143232 0 0 iShares 5-10yr Investment Grad ISHS 5-10YR INVT 464288638 20196085 391397 SH SOLE 391397 0 0 iShares 7-10 Year Treasury Bon 7-10 YR TRSY BD 464287440 4562991 48204 SH SOLE 48204 0 0 iShares Core MSCI EAFE ETF CORE MSCI EAFE 46432F842 6104743 82252 SH SOLE 82252 0 0 iShares Core Total U.S. Bond M CORE US AGGBD ET 464287226 3794391 38742 SH SOLE 38742 0 0 iShares DJ US Home Constructio US HOME CONS ETF 464288752 5045141 43579 SH SOLE 43579 0 0 iShares Edge MSCI USA Quality MSCI USA QLT FCT 46432F339 218421 1329 SH SOLE 1329 0 0 iShares International Treasury INTL TREA BD ETF 464288117 16086610 405920 SH SOLE 405920 0 0 iShares JPMorgan USD Emerging JPMORGAN USD EMG 464288281 1340208 14946 SH SOLE 14946 0 0 iShares MBS ETF MBS ETF 464288588 12205632 132067 SH SOLE 132067 0 0 iShares MSCI ACWI ETF MSCI ACWI ETF 464288257 212881 1933 SH SOLE 1933 0 0 iShares MSCI Emerging Markets MSCI EMRG CHN 46434G764 2314832 40209 SH SOLE 40209 0 0 iShares MSCI Global Metals & M MSCI GBL ETF NEW 46434G848 605943 14531 SH SOLE 14531 0 0 iShares S&P 500 Fund CORE S&P500 ETF 464287200 8288133 15765 SH SOLE 15765 0 0 iShares U.S. Healthcare Provid US HLTHCR PR ETF 464288828 3078510 56445 SH SOLE 56445 0 0 iShares U.S. Insurance ETF U.S. INSRNCE ETF 464288786 1991874 16968 SH SOLE 16968 0 0 iShares U.S. Oil Equipment & S US OIL EQ&SV ETF 464288844 1373474 58075 SH SOLE 58075 0 0 Jabil Inc. COM 466313103 9493706 70875 SH SOLE 70875 0 0 KB Home COM 48666K109 4547590 64159 SH SOLE 64159 0 0 KLA Corporation COM 482480100 12644816 18101 SH SOLE 18101 0 0 Lam Research Corp. COM 512807108 23254528 23935 SH SOLE 23935 0 0 Lennar Corp. CL A 526057104 8666932 50395 SH SOLE 50395 0 0 Liberty Energy, Inc. COM CL A 53115L104 2279780 110028 SH SOLE 110028 0 0 LKQ Corp. COM 501889208 5080092 95115 SH SOLE 95115 0 0 Loews Corp. COM 540424108 344163 4396 SH SOLE 4396 0 0 M&T Bank Corp. COM 55261F104 3125360 21489 SH SOLE 21489 0 0 Markel Corp. COM 570535104 3046003 2002 SH SOLE 2002 0 0 Martin Marietta Materials Inc. COM 573284106 5468978 8908 SH SOLE 8908 0 0 Mastercard Inc. CL A 57636Q104 8862814 18404 SH SOLE 18404 0 0 Match Group, Inc. COM 57667L107 4974133 137104 SH SOLE 137104 0 0 McKesson Corp. COM 58155Q103 9699806 18068 SH SOLE 18068 0 0 Meritage Homes Corp. COM 59001A102 6597998 37604 SH SOLE 37604 0 0 Meta Platforms Inc. CL A 30303M102 20035516 41261 SH SOLE 41261 0 0 Microsoft Corp. COM 594918104 28038464 66644 SH SOLE 66644 0 0 Mizuho Financial Group Inc. SPONSORED ADR 60687Y109 359060 90216 SH SOLE 90216 0 0 Molina Healthcare Inc. COM 60855R100 523808 1275 SH SOLE 1275 0 0 MSC Industrial Direct Inc. CL A 553530106 1706351 17584 SH SOLE 17584 0 0 Netflix Inc. COM 64110L106 10258411 16891 SH SOLE 16891 0 0 Nextracker Inc. CLASS A COM 65290E101 2294409 40775 SH SOLE 40775 0 0 NMI Holdings, Inc. CL A 629209305 2987472 92377 SH SOLE 92377 0 0 NOV Inc. COM 62955J103 2821909 144565 SH SOLE 144565 0 0 Nucor Corp. COM 670346105 4121663 20827 SH SOLE 20827 0 0 Okta, Inc. CL A 679295105 7350810 70262 SH SOLE 70262 0 0 Old National Bancorp COM 680033107 3141878 180464 SH SOLE 180464 0 0 Old Republic International Cor COM 680223104 398684 12978 SH SOLE 12978 0 0 Oracle Corp. COM 68389X105 9994160 79565 SH SOLE 79565 0 0 Paccar Inc. COM 693718108 5496504 44366 SH SOLE 44366 0 0 Petroleo Brasileiro SA Petro SPONSORED ADR 71654V408 334240 21975 SH SOLE 21975 0 0 Progress Software Corp COM 743312100 2366911 44399 SH SOLE 44399 0 0 ProShares Short Russell2000 SHRT RUSSELL2000 74348A210 11646294 580573 SH SOLE 580573 0 0 PTC Inc. COM 69370C100 841539 4454 SH SOLE 4454 0 0 PulteGroup Inc. COM 745867101 13947773 115634 SH SOLE 115634 0 0 Qualys, Inc. COM 74758T303 4620130 27687 SH SOLE 27687 0 0 Radian Group Inc. COM 750236101 3241636 96852 SH SOLE 96852 0 0 Reinsurance Group of America I COM NEW 759351604 8607270 44625 SH SOLE 44625 0 0 RenaissanceRe Holdings Ltd. COM G7496G103 7426008 31596 SH SOLE 31596 0 0 Rush Enterprises Inc Cl A CL A 781846209 3458891 64628 SH SOLE 64628 0 0 Schlumberger COM STK 806857108 5361240 97815 SH SOLE 97815 0 0 Schwab Fundamental Internation SCHWB FDT INT LG 808524755 209244 5876 SH SOLE 5876 0 0 Shell PLC SPON ADS 780259305 7620571 113672 SH SOLE 113672 0 0 Shutterstock, Inc. COM 825690100 3381328 73812 SH SOLE 73812 0 0 Skyworks Solutions Inc COM 83088M102 284123 2623 SH SOLE 2623 0 0 SPDR Barclays International Co BLOOMBERG INTL 78464A151 5404854 185670 SH SOLE 185670 0 0 SPDR Barclays Short Term High BLOOMBERG SHT TE 78468R408 3886780 154115 SH SOLE 154115 0 0 SPDR Bloomberg Barclays Intern BLOOMBERG INTL T 78464A516 9168106 412235 SH SOLE 412235 0 0 SPDR Intermediate Term Corpora PORTFOLIO INTRMD 78464A375 9284875 284028 SH SOLE 284028 0 0 SPDR Portfolio Long Term Treas PORTFOLIO LN TSR 78464A664 1324803 47416 SH SOLE 47416 0 0 SPDR S&P Homebuilders ETF S&P HOMEBUILD 78464A888 1440404 12908 SH SOLE 12908 0 0 SPDR S&P Metals & Mining ETF S&P METALS MNG 78464A755 1071477 17775 SH SOLE 17775 0 0 SPDR S&P Semiconductor ETF S&P SEMICNDCTR 78464A862 397123 1711 SH SOLE 1711 0 0 SPDR S&P Software & Services E COMP SOFTWARE 78464A599 1012694 6492 SH SOLE 6492 0 0 Steel Dynamics Inc. COM 858119100 5459459 36831 SH SOLE 36831 0 0 Summit Materials, Inc. CL A 86614U100 5279985 118465 SH SOLE 118465 0 0 Suncor Energy Inc. COM 867224107 431441 11689 SH SOLE 11689 0 0 T-Mobile US Inc COM 872590104 7013074 42967 SH SOLE 42967 0 0 Taylor Morrison Home Corp. Cla COM 87724P106 5257095 84560 SH SOLE 84560 0 0 TE Connectivity Ltd. SHS H84989104 6666661 45901 SH SOLE 45901 0 0 Technology Select Sector SPDR TECHNOLOGY 81369Y803 17047524 81853 SH SOLE 81853 0 0 Tenaris S.A. SPONSORED ADS 88031M109 4871679 124056 SH SOLE 124056 0 0 Tenet Healthcare Corporation COM NEW 88033G407 3525915 33545 SH SOLE 33545 0 0 Terex Corp. COM 880779103 2863353 44462 SH SOLE 44462 0 0 Ternium S.A. Sponsored ADR COM 880890108 320557 7702 SH SOLE 7702 0 0 Toll Brothers Inc. COM 889478103 9987105 77198 SH SOLE 77198 0 0 TRI Pointe Group Inc COM 87265H109 624320 16149 SH SOLE 16149 0 0 TripAdvisor Inc. COM 896945201 4541497 163422 SH SOLE 163422 0 0 UBS Group AG SHS H42097107 237005 7715 SH SOLE 7715 0 0 United Rentals Inc. COM 911363109 11669002 16182 SH SOLE 16182 0 0 UnitedHealth Group Inc. COM 91324P102 12446157 25159 SH SOLE 25159 0 0 Universal Health Services Inc. CL B 913903100 3877822 21253 SH SOLE 21253 0 0 VanEck Vectors J.P. Morgan EM JP MRGAN EM LO 92189H300 6284781 256417 SH SOLE 256417 0 0 Vanguard Russell 1000 Value ET VNG RUS1000VAL 92206C714 4415479 56148 SH SOLE 56148 0 0 Vanguard Short-Term Corporate SHRT TRM CORP BD 92206C409 3269517 42291 SH SOLE 42291 0 0 Vanguard Short-Term Inflation- STRM INFPROIDX 922020805 4484372 93639 SH SOLE 93639 0 0 Vanguard Short-Term Treasury E SHORT TERM TREAS 92206C102 756478 13027 SH SOLE 13027 0 0 Visa Inc. COM CL A 92826C839 6820157 24438 SH SOLE 24438 0 0 Wesco International Inc. COM 95082P105 5843902 34119 SH SOLE 34119 0 0 Wipro Ltd. ADS SPON ADR 1 SH 97651M109 561775 97700 SH SOLE 97700 0 0 Wix.com Ltd. SHS M98068105 6512840 47373 SH SOLE 47373 0 0 Yelp Inc CL A 985817105 2903741 73699 SH SOLE 73699 0 0 ZipRecruiter, Inc. CL A 98980B103 142752 12424 SH SOLE 12424 0 0